Test Papers - IBO1 International Business Environment - December 2003

Post Graduate Diploma in International Business Operations
Master of Commerce
Term-End Examination

Time: 3 hours
Maximum Marks: 100

Note: Attempt any five questions including question No. 1 which is compulsory. All questions carry equal marks.

1. (a) Write short notes on any two of the following (5+5)

(i) Ethical systems of belief

(ii) Protectionism

(iii) Cross border mergers and acquisitions

(iv) Terms of Trade

(b) Distinguish between any two of the following (5+5)

(i) Comparative advantage and Absolute advantage

(ii) Regionalism and Multilateralism

(iii) Electronic commerce and Internet

(iv) Litigation and Arbitration

2. What is Balance of Payments ? Briefly explain various camponents of balance of payments. (3+17)

3. Briefly describe the proposed Multilateral investment Agreement. (20)

4. Whet are Plurilateral Trade Agreements ? Explain the main Plurilateral Trade Agreements. (4+16)

5. State the major area of disputes between parties in international trade. (20)

6. Whet is GATS ? Discuss the salient features and benefits of GATS In the developing countries. (4+10+6)

7. Describe various theories which explain the emergence of TNCs in the world economy. (20)

8. What is social responsibility of business ? Explain the areas of social responsibility, and approches to social responsibility of business. (4+8+8)